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Dec 21, 2012
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. >> reporter: michelle, speaker boehner says he is eager to negotiate a deal with the president. but at this point, there is no agreement in sight and lawmakers are leaving town. house speaker john boehner says now it's up to president obama and the democrats to steer the country away from the "fiscal cliff." >> unless the president and congress take action, tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in 10 days. >> reporter: one by one republicans came out of an emergency meeting thursday night. >> have a merry christmas. >> reporter: speaker boehner's plan b to avoid automatic tax hikes and steep spending cuts was dead before the house voted. >> are you guys leaving until after christmas? >> yes. >> why is that? >> we don't have the votes. >> reporter: boehner's bill would have extended the bush- era tax rates for households making up to a million dollars a year. he pushed it after rejecting an offer from the president that put the threshold at $400,000. even if speaker boehner had won enough support in his own party to pass
. >> reporter: michelle, speaker boehner says he is eager to negotiate a deal with the president. but at this point, there is no agreement in sight and lawmakers are leaving town. house speaker john boehner says now it's up to president obama and the democrats to steer the country away from the "fiscal cliff." >> unless the president and congress take action, tax rates will go up on every american taxpayer and devastating defense cuts will go into effect in 10 days....
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Dec 8, 2012
12/12
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. >> reporter: both parties are leaving the talks to president obama and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when is he going to take a step toward us. >> jay david cox sees real conqueenses if the country goes over the cliff. >> -- consequences if the country goes over the cliff. >> there would be a lot of employees who would be furloughed or lose their job. >> speaker boehner says he will be staying in town this weekend ready to negotiate with the president. danielle nottingham, cbs news washington. >>> a car can't be registered at the dmv. turning buyers and sellers into big losers. >>> when it comes to early december weather, does it get any better th
. >> reporter: both parties are leaving the talks to president obama and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on...
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Dec 21, 2012
12/12
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so speaker john boehner canceled last night's vote. boehner designed the bill to prevent automatic tax hikes at the first of the year on people making less than a million dollars. boehner says it's up to the president and the democrats to make their move. >> i did my part. they've done nothing. >> it's very, very, very unfortunate the republicans have wasted an entire week on a number of pointless political stunts. >> house members are heading out of washington, d.c. for christmas. when they get back there will be four days left to hammer out a deal. >>> north korea announced today it's detaining an american citizen. the north korean government says that [ non-english language ] entered the country as a tourist november 3 and confessed to unspecified crimes. the government offers no other details but claims the crimes have been proven through evidence. >>> one of two men who escaped a federal jail in chicago has been captured. early tuesday, two convicted bank robbers broke out of the metropolitan correctional center. officials say the
so speaker john boehner canceled last night's vote. boehner designed the bill to prevent automatic tax hikes at the first of the year on people making less than a million dollars. boehner says it's up to the president and the democrats to make their move. >> i did my part. they've done nothing. >> it's very, very, very unfortunate the republicans have wasted an entire week on a number of pointless political stunts. >> house members are heading out of washington, d.c. for...
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Dec 9, 2012
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. >> reporter: his remarks came one day after house speaker boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart nancy pelosi blamed boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations, 23 days before the deadline, when federal income tax will revert to higher levels, and long-term unemployment benefits will dry up for over two million americans who have been out of work for six months or more. on friday, boehner did not rule out a compromise on a tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are possible. to put the revenue this the president seeks on the table. >> reporter: even if the two sides are making progress behind the scenes, no one expects them to admit it until the last minute. but the office of budget has asked for a list of possible cuts just in case there's no deal. >>> barely a month old, the
. >> reporter: his remarks came one day after house speaker boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart nancy pelosi blamed boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations, 23 days before the deadline, when federal income tax will revert to higher...
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Dec 20, 2012
12/12
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taxes on incomes of a million dollars or more but despite that criticism, speaker boehner insists that he has the votes in congress to pass his plan. both sides are still a few billion dollars apart. >> the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the test that the president promised the american people a balanced approach. >> we should be raising taxes on the wealthiest few as a means of reducing the deficit. i have also said that i'm willing to identify some spending cuts that make sense. >> if senate democrats defeat plan b, boehner says president obama will see the largest tax increase in history. the president says bring it! he vowed to veto the bill if it comes to his desk. . >>> the military will seek the death penalty. it was announced after a hearing for sergeant robert bales accused of killing 16 afghan villagers during a shooting last march. defense attorneys say bales suffers from ptsd and was on his fourth deployment to a war zone. >>> the owner of an east bay motel shut down because of complaints about prostituti
taxes on incomes of a million dollars or more but despite that criticism, speaker boehner insists that he has the votes in congress to pass his plan. both sides are still a few billion dollars apart. >> the president's offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the test that the president promised the american people a balanced approach. >> we should be raising taxes on the wealthiest few as a means of reducing the deficit. i have also...
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Dec 14, 2012
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. >>> another round of talks between president obama and the speaker of the house john boehner. the issue, the looming "fiscal cliff." the pair had met twice this week but as cbs reporter susan mcginnis shows us, the increased frequency of talks really hasn't got them any closer to finding a deal. >>> reporter: house speaker john boehner left congress to head to the white house thursday for what both sides called a frank discussion about the "fiscal cliff." >> still a work in progress. >> reporter: they talked for nearly an hour about the tax hikes and spending cuts set to kick in at the end of the year. before the meeting, both sides were pointing fingers at the other. >> the only holdouts right now are the house republicans. i think speaker boehner has a contentious caucus. >> the president wants to pretend that spending isn't the problem. that's why we don't have an agreement. >> reporter: president obama insists on raising taxes on the top 2% of earners but even he recognizes that's a tough sell. >> the idea of not raising taxes has become sort of a religion for a lot of mem
. >>> another round of talks between president obama and the speaker of the house john boehner. the issue, the looming "fiscal cliff." the pair had met twice this week but as cbs reporter susan mcginnis shows us, the increased frequency of talks really hasn't got them any closer to finding a deal. >>> reporter: house speaker john boehner left congress to head to the white house thursday for what both sides called a frank discussion about the "fiscal cliff."...
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Nov 8, 2012
11/12
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at least for now, he and john boehner are talking about a new spirit of cooperation in washington. >> we're not as divided as our politics suggested. we're not as cynical as the pundits believe. we're greater than the thumb of our individual ambation. >> reporter: today speaker boehner started open negotiations with the president. >> we're willing to accept new revenue under the right conditions. it matters where it comes from and what type of reform comes with it. if there's a mandate in yesterday's results it's a mandate for us to figure out a way to work together. >> reporter: now there's a new idea thrown out by the house speaker. he's saying why don't we delay the fiscal cliff all together for a year and in the meantime congress can work on reforming taxes and social security. >> the dow plunged 312 points today, its worst day in the year. a lot of talk is that wall street is worried a second term president obama will want tougher regulations. cbs money watch points out two hours before the opening bell the president of the european central bank admitted the euro zone crisis is n
at least for now, he and john boehner are talking about a new spirit of cooperation in washington. >> we're not as divided as our politics suggested. we're not as cynical as the pundits believe. we're greater than the thumb of our individual ambation. >> reporter: today speaker boehner started open negotiations with the president. >> we're willing to accept new revenue under the right conditions. it matters where it comes from and what type of reform comes with it. if there's...
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Dec 20, 2012
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what does that do to boehner's negotiating position? >> it definitely weakens his position, scott, which is why he and other republican leaders are scrambling to come up with a second bill, a big package of spending cuts that the house can vote on as well tomorrow to try to sweeten the deal for conservatives holding out on plan "b." >> pelley: nancy, thanks very much. three state department officials resigned today after a blistering report on security lapses at the u.s. consulate in benghazi, libya. an attack there last september killed four americans, including the u.s. ambassador chris stevens. margaret brennan is at the state department. >> reporter: the state department's chief of security, eric boswell, deputy charlene lamb, and an official in the near east division that overseas libya all resigned. the report called security at the u.s. post in benghazi "grossly inadequate to deal with the attack." career diplomat thomas pickering ran the review board. >> frankly, the state department hadn't given benghazi the security, both phys
what does that do to boehner's negotiating position? >> it definitely weakens his position, scott, which is why he and other republican leaders are scrambling to come up with a second bill, a big package of spending cuts that the house can vote on as well tomorrow to try to sweeten the deal for conservatives holding out on plan "b." >> pelley: nancy, thanks very much. three state department officials resigned today after a blistering report on security lapses at the u.s....
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Dec 10, 2012
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the president and house speaker john boehner met one on one. no details were leaked, we know the main points remain, raising taxes on high earners and cutting programs like medicare. >> they've started to tango. more republicans are accepting the idea that wealthy americans will get a tax rate hike. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. >> reporter: republicans in the house remain opposed to raising taxes on the top 2%. >> the president wants the rate to go up. that doesn't solve the problem. we don't want to be b back here answering the same questions. >> reporter: the deadline is closer than you think. many here on capitol hill say the president and the house speaker need to make a deal by the end of the week in order for congress to vote on the bill. >> hopefully it doesn't go to the last day. >> reporter: president obama has asked congress to work through their holiday break if no deal is reached before then. >> both the w
the president and house speaker john boehner met one on one. no details were leaked, we know the main points remain, raising taxes on high earners and cutting programs like medicare. >> they've started to tango. more republicans are accepting the idea that wealthy americans will get a tax rate hike. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. >> reporter:...
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Dec 10, 2012
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if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate increase on the top 2%, and all of a sudden the shift goes back to entitlement. >> reporter: one proposal under discussion, raising the eligibility age for medicare is not going over well with democrats and advocates for senior citizens. >> the option, for example, to raise the medicare age actually is bad policy and will increase costs, because people who are 65 and 66 still need health insurance. >> reporter: the aarp says the real solution to cutting the deficit is lowers skyrocketing health care costs. in washington, danielle nottingham, cbs 5. >>> a hopeful sign for the economy, today is expected to
if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the...
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Dec 18, 2012
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>> reporter: after weeks of deadlocks between the white house and congressional republicans, boehner changed course on friday. he is now offering to support tax increases for households making more than $1 million a year in exchange for a trillion dollars in spending cuts to entitlement programs like medicare and medicaid. >> the president has always said that part of this is revenue and part is spending cuts and he is willing to make tough choices. >> reporter: boehner is also offering to increase the federal debt receiving for a year which allows the government to pay its bills. but some republicans wanted to use the threat of default to demand more spending cuts. >> and they are still exchanging offers but moving to the middle and i was very encouraged by the boehner offer. >> reporter: alice rivlin served as a member of the president's debt commission. she believes neither side is foolish enough to let the nation go over the cliff. but she says our leaders must find a way to reduce debt for future generations. if no deal is reached before the end of the year, automatic spending c
>> reporter: after weeks of deadlocks between the white house and congressional republicans, boehner changed course on friday. he is now offering to support tax increases for households making more than $1 million a year in exchange for a trillion dollars in spending cuts to entitlement programs like medicare and medicaid. >> the president has always said that part of this is revenue and part is spending cuts and he is willing to make tough choices. >> reporter: boehner is...
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Dec 30, 2012
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. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year. almost two weeks ago, the president offered a compromise to raise taxes only on income above 400,000, hoping that might win republican support. >> i have gone at least halfway. >> reporter: the senate is also negotiating an extension of unemployment benefits for some 2 million jobless americans, without a deal those checks will stop next week for this mother of five who has been searching for work since february. >> if congress does not extend the unemployment benefits, then i would be without a home and i really don't know what else we would do. >> reporter: the deal under discussion in the se
. >> reporter: house speaker boehner came to the capitol but left without comment. issue number one in the talks is amending the bush era tax cuts, which if unchanged will expire and raise taxes on all americans. starting tuesday, the average tax hike will be three to 5% per person. >> let's keep taxes exactly where they are on the first $250,000 of everybody's income. >> reporter: the president campaigned to increase taxes only on families making more than $250,000 per year....
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Dec 28, 2012
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. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >> reporter: the two sides are at odds over tax cuts and spending. republicans say it's up to the democratically controlled senate and white house to reach an agreement. >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: members of the house were told to come back to washington sunday evening. they would have a little more than 24 hours to vote on a measure to avoid the fiscal cliff. danielle nottingham, cbs news, washington. >>> teetering on the fiscal cliff is given wall street a case of vertigo. the ma
. >> speaker boehner is unwilling to negotiate. we've not heard a word from mcconnell. nothing is happening. >> the phone never rang. and so now here we are, five days from the new year. and we might finally start talking. >> reporter: senate majority leader harry reid skewered house speaker john boehner, charging he's more interested in his leadership position than in bipartisan legislation. >> the speaker's no. 1 goal is to get elected speaker on january 3. >>...
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Nov 29, 2012
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and that the fact that speaker boehner himself isn't sitting down with the president shouldn't be taken as a sign that talks aren't progress, scott. >> pelley: time is running, thanks, nancy. we've been get a lot of encouraging news about the economy lately and we got more today. in its most recent survey, the federal reserve found that consumer spending and economic growth are up in all regions of the country except those affected by hurricane sandy. moving on now to syria's civil war. at least 34 people were killed today when two car bombs ripped through a suburb of damascus. syria's assad dictatorship has been trying to crush a rebellion that broke out more than a year and a half ago. it is very rare for western journalists to report from inside the capital, but elizabeth palmer is there for us tonight. >> reporter: today's bombing spilled the blood of neighbors and friends. jaramana is a tight-knit community of christians and jews. religious minority groups in syria who are traditional supporters of president bashar al-assad. after the huge explosion, local people immediately pitche
and that the fact that speaker boehner himself isn't sitting down with the president shouldn't be taken as a sign that talks aren't progress, scott. >> pelley: time is running, thanks, nancy. we've been get a lot of encouraging news about the economy lately and we got more today. in its most recent survey, the federal reserve found that consumer spending and economic growth are up in all regions of the country except those affected by hurricane sandy. moving on now to syria's civil war....
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Dec 10, 2012
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president obama one-on-one with speaker boehner. major garrett has new details on fiscal cliff negotiations. >>> plus ceo of general electric jeff immelt tells us why both sides need to act now. >>> it's a mess in parts of the midwest this morning. an early storm drops morha
president obama one-on-one with speaker boehner. major garrett has new details on fiscal cliff negotiations. >>> plus ceo of general electric jeff immelt tells us why both sides need to act now. >>> it's a mess in parts of the midwest this morning. an early storm drops morha
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Dec 17, 2012
12/12
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president obama and house speaker john boehner have been discussing a new deal this morning. they met for about 45 minutes. boehner offered a new plan in which taxes on people making more than a million dollars a year will go up. what he wants in return is the president to agree to a trillion dollars in spending cuts. >>> meanwhile, president obama's re-election will be made official today as electoral college members gather in the 50 states to cast votes and those votes of course are based on the november general election results. the obama biden ticket has 332 votes compared with 206 for the romney/ryan team. >>> you may want to avoid the post office today. they are saying to expect super long lines. it should actually be the busiest mailing day of the year. the u.s. postal service is predicting a 20% increase in package deliveries this holiday season compared to last year. >>> a bay area newborn who nearly didn't make it now has his entire life ahead of him and the baby boys has two san francisco police officers to thank for it. cbs 5 reporter elissa harrington on how thos
president obama and house speaker john boehner have been discussing a new deal this morning. they met for about 45 minutes. boehner offered a new plan in which taxes on people making more than a million dollars a year will go up. what he wants in return is the president to agree to a trillion dollars in spending cuts. >>> meanwhile, president obama's re-election will be made official today as electoral college members gather in the 50 states to cast votes and those votes of course are...
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Dec 15, 2012
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that allowed speaker boehner to duck the issue too. >> i don't know. i'm not the expert on this. if the president has ideas i'd be happy to look at them. >> new york mayor michael bloomberg blasted both men. we need immediate action. we heard all this before. what we have not seen is leadership, not from the white house and not from congress. >> that violence in connecticut caused several bay area police departments to step up their presence around local schools. oakland, fremont and palo alto police all increased school patrols. san francisco police already have resource officers on campus. they are double checking school safety plans. >>> a large crowd gathered to remember the victims in hartford. children could ride the carousel during a winter festival. it was canceled so that children and adults could gather there for that vigil. people across the country held vigils for the victims, survivors and their families in newtown. a main street in walnut creek, a dozen people met with candles. more than 200 people attended a vigil in rancho cordova. they were supposed to meet on ho
that allowed speaker boehner to duck the issue too. >> i don't know. i'm not the expert on this. if the president has ideas i'd be happy to look at them. >> new york mayor michael bloomberg blasted both men. we need immediate action. we heard all this before. what we have not seen is leadership, not from the white house and not from congress. >> that violence in connecticut caused several bay area police departments to step up their presence around local schools. oakland,...
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Dec 22, 2012
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the white house and democrats here on capitol hill are frustrated that speaker boehner spent the last several days pushing plan b instead of focusing on a bigger compromise. >> nobody can get 100% of what they want and this is not simply a contest between parties in terms of who looks good and who doesn't. >> reporter: disagreements over how much to raise taxes and cut spending continue to separate democrats and republicans. >> what the president has proposed so far simply won't do anything to solve our spending problem. >> reporter: both sides insist they are still committed to stopping the big tax hike coming at the end of the year. tara mergener for cbs news, washington. >>> the failed efforts on the "fiscal cliff" sent the stock market sliding. the dow dropped more than 120 points. the nasdaq and s&p fell sharply. >>> some good news tonight on california's unemployment rate. it fell last month. it's in single digits for the first time since the recession began four years ago. the october rate was 9.8% but the numbers vary across the state. it's above 6% in san francisco and san ma
the white house and democrats here on capitol hill are frustrated that speaker boehner spent the last several days pushing plan b instead of focusing on a bigger compromise. >> nobody can get 100% of what they want and this is not simply a contest between parties in terms of who looks good and who doesn't. >> reporter: disagreements over how much to raise taxes and cut spending continue to separate democrats and republicans. >> what the president has proposed so far simply...
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Dec 21, 2012
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. >>> republican members of congress hung house speaker john boehner out to dry tonight. he could not round up the votes he needed to pass the so-called plan b to avoid the fiscal cliff, so he cancelled the vote altogether. plan b is designed to prevent automatic tax hikes on people making less than $1 million a year. that was boehner's plan. he says it's up to the democrats and the president to make the next move. the house is in recess until after christmas. >>> tomorrow marks one week since the tragedy in newtown, connecticut. president obama will hold a nationwide moment of silence at 6:30 tomorrow morning to remember the victims. if you go online, you may see this mention, twitter founder jack dorsey and several celebrities are also calling for a five-minute time out on the internet to pay their respects. >>> six more were laid to rest today. they included two teachers and four first graders. >> reporter: boy scouts saluted the scout benjamin wheeler. scott pablo wondered what many here did. >> i don't really know why he had to die, but it's very sad to see all the c
. >>> republican members of congress hung house speaker john boehner out to dry tonight. he could not round up the votes he needed to pass the so-called plan b to avoid the fiscal cliff, so he cancelled the vote altogether. plan b is designed to prevent automatic tax hikes on people making less than $1 million a year. that was boehner's plan. he says it's up to the democrats and the president to make the next move. the house is in recess until after christmas. >>> tomorrow...
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Dec 19, 2012
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the white house rejected boehner as plan but quickly came back with a counterproposal. >> our plan b would protect american taxpayers who make a million dollars or less. >> fall back plan b achieves nothing. you would lose hundreds of billions of dollars of revenue. >> the president's original cutoff for tax cut extensions was $250,000. but his counterproposal to boehner raises that to $400,000. >>> stocks rallied to their best level in two months today. they like that news. that dow was up 115, nasdaq up 44. >>> instagram you know that popular app that makes your photos look even better? it caused an uproar recently when it announced a privacy policy that seemed to imply they could do whatever they want with your photos. around then as cbs 5 reporter len ramirez -- and then as cbs 5 reporter len ramirez shows us, they backtracked. >> reporter: when you take a photo and upload it to instagram, where does it go? >> i think we just click on a button and it shows up on the news feed or profile but you really have no idea knowing where it's going to end up. >> reporter: instagram users m
the white house rejected boehner as plan but quickly came back with a counterproposal. >> our plan b would protect american taxpayers who make a million dollars or less. >> fall back plan b achieves nothing. you would lose hundreds of billions of dollars of revenue. >> the president's original cutoff for tax cut extensions was $250,000. but his counterproposal to boehner raises that to $400,000. >>> stocks rallied to their best level in two months today. they like...
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Jan 25, 2012
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. >> reporter: house speaker john boehner believes tonight's speech will be nothing more than the president asking for a second term. >> since the campaign apparently wrote the speech, i expect we'll hear a campaign speech. >> reporter: tomorrow, the president takes his message on the road hitting five states in three days. a couple of things to look out for tonight. congresswoman gabrielle giffords will attend the address after announcing her retirement this week. and indiana governor mitch daniels will deliver the formal republican response. on capitol hill, danielle nottingham, cbs 5. >>> and here's live look at the white house this evening. the president will give his address in about an hour. the economy will be a major the final with the president saying millions of americans who work hard and play by the rule every day deserve a government and financial system that do the same. it's time to apply the same rules from top to bottom. no bailouts, no handouts, and no copouts. the state of the union will air on cbs 5 right after the evening news. and stay tuned for a special edition of ey
. >> reporter: house speaker john boehner believes tonight's speech will be nothing more than the president asking for a second term. >> since the campaign apparently wrote the speech, i expect we'll hear a campaign speech. >> reporter: tomorrow, the president takes his message on the road hitting five states in three days. a couple of things to look out for tonight. congresswoman gabrielle giffords will attend the address after announcing her retirement this week. and indiana...
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Dec 17, 2012
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house speaker, john boehners offering a trillion dollarsn higher tax revenue over ten years -- and an increase in tax rate on people making me illion dollars a y >>> house speaker is offering a $1 trillion in higher tax revenue over 10 years and an increase in the tax time. in return $1 trillion in spending cuts like medicare. democrats say no way on that one. the first round of voting on referandum. >> the chanting is on hold. early results of the first round of it, the atmosphere serious. they claim in some stations they were obstructed. going through at 63 page document. once they are in the booth voters are presented with agree or disagree. criticism that the constitution tramples on women's rights did not bother this voter. [speaking in foreign language] >> reporter: every egypt should come out and vote yes. some had a different view. >> a constitution that does not represent what i think is egypt. >> reporter: voter groups called for a repeat of the first round. many booths were not monitored by judges as required by law. the second and final round of voting is for next weekend.
house speaker, john boehners offering a trillion dollarsn higher tax revenue over ten years -- and an increase in tax rate on people making me illion dollars a y >>> house speaker is offering a $1 trillion in higher tax revenue over 10 years and an increase in the tax time. in return $1 trillion in spending cuts like medicare. democrats say no way on that one. the first round of voting on referandum. >> the chanting is on hold. early results of the first round of it, the...
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Dec 30, 2012
12/12
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house speaker john boehner was at the capitol but left with no comment. the democrats insist the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the year. sdmrsz -- >> president omaba insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just afford a wound to our economy. >> if sunday's negotiations don't pan out the president says he's red to -- he's ready to propose his own scaled back bill that would preserve expiring unemployment benefits. >> with the deficit ticking higher -- >> it's disgusting. >> miss ing in all the last minute negotiations is talk of the 1.2 trillion in mandatory spending cuts scheduled to go into effect tuesday. >> the fiscal cliff count down is the big topic on this morning's fogs the morning -- face the nation. there's two big visitors. it starts right after this newscast at 8:30 on cbs 5. >>> plastic shopping bags may soon be the fast. >> the final
house speaker john boehner was at the capitol but left with no comment. the democrats insist the wealthy pay more in taxes. >> the president's tax hike would only fund the government for l days. americans deserve to know what does the president propose we do for the over 357 days of the year. sdmrsz -- >> president omaba insists his plan on the table is fair and includes plenty of cuts to government spending. >> we just afford a wound to our economy. >> if sunday's...
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Dec 22, 2012
12/12
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president obama called on house speaker john boehner to come back to the negotiating table and avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and senate members will be back at the capital on december 27th looking for that solution. >>> wall street worried about the "fiscal cliff" talks, stocks closed sharply lower today. the dow dropped more than 120 points. the nasdaq fell 29 points. the s&p dropped, as well. >>> california cannot stop people from using the so-called conversion therapy to try to turn gay minors straight. the federal appeals court issued an emergency order late this afternoon putting the law banning the therapy on hold. the law was the first of its kind set to take effect january 1. licensed counselors and two families who say their teenaged son
president obama called on house speaker john boehner to come back to the negotiating table and avoid the "fiscal cliff." >> as of today, i am still ready and willing to get a comprehensive package done. >> the remarks came after speaker boehner failed to gather enough of his party's support to bring his so-called plan b to the floor for a vote. his proposal would have effectively raised taxes only on those americans making more than a million dollars a year. house and...
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474
Dec 10, 2012
12/12
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even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact, happen, we'll know in the very near future. for "cbs this morning," major garrett, the white house. >> major garrett, thanks. early this morning we heard general electric chairman and ceo jeff immelt call on speaker boehner to, quote, take the heat and get republicans to support a compromise on the fiscal cliff. immelt knows about something about taking the heat. in our interview friday, he spoke at length about the consequences of not making a deal. and for those who say we can go over the fiscal cliff and it might not be such a bad thing, you say? >> i say there are people that don't have anybody that works for them. you know, in other words, we haven't been on this for two weeks or two days or two months. we've been working on this for 2 1/2 years. wh
even so, the president extended the invitation to boehner friday after boehner, for the first time in a press conference, publicly at least hinted he might be open to raising the top income tax rates on the top 2% of american household income earners. that may have cleared an opening for the president and boehner if that did, in fact, happen, we'll know in the very near future. for "cbs this morning," major garrett, the white house. >> major garrett, thanks. early this morning...
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Dec 9, 2012
12/12
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on saturday, boehner did not allow a compromise on tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are possible, but to put the revenue to the president seeks on the table. >> reporter: even if the two sides are making progress behind the scenes, no one expects them to admit it until the last minute. but the office of management and budget has asked federal agencies for a list of possible cuts, just in case there's no deal. nancy cordis, cbs news, the white house. >> the fiscal cliff is also the topic for discussion on "face the nation." that starts at 8:30 a.m. on cbs 5. >>> now, what may be a boost for american businesses, a brisk holiday shopping season and it's under way now. fedex is gearing up for its busiest day of the year. a record 19 million packages are expected to be shipped tomorrow. that's more than double the amount handled in a typical day. fedex says most of the increase in shipments is because of a big jump in online holiday orders. >>> another holiday tradition, red kettles and salvation army
on saturday, boehner did not allow a compromise on tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are possible, but to put the revenue to the president seeks on the table. >> reporter: even if the two sides are making progress behind the scenes, no one expects them to admit it until the last minute. but the office of management and budget has asked federal agencies for a list of possible cuts, just in case...
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Dec 24, 2012
12/12
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. >> john boehner failed to get vets in on thursday. that would have raised taxes on people earning more than a million dollars a year. on friday speaker painer and the president left with no deal, each making a parting pitch. >> i asked leaders of congress to work toward a package that prevents a tax hike on middle- class americans, protects insurance for 2 million americans and laze the groundwork for further work on both growth and deficit reduction. >> the president's -- it would hurt jobs. >> reporter: the partisan bickering has put the country on the brink of a potential economic crisis. some long-time lawmakers dismid- by the perpetual gridlock. >> the first time i feel it's more likely we will go over the cliff than not; and if we allow that to happen, it will be the most colossal consequential act of irresponsibility. >> reporter: president obama says he'll cut his vacation short to hammer out a deal with congress. the deadline now a week away. i'm andrew spencer reporting. >>> if congress face to reach the agreement income tax
. >> john boehner failed to get vets in on thursday. that would have raised taxes on people earning more than a million dollars a year. on friday speaker painer and the president left with no deal, each making a parting pitch. >> i asked leaders of congress to work toward a package that prevents a tax hike on middle- class americans, protects insurance for 2 million americans and laze the groundwork for further work on both growth and deficit reduction. >> the president's --...
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Dec 12, 2012
12/12
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president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers tried pay them less than $3 a pound. the strike meant there was little f
president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under...
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Dec 21, 2012
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boehner is speaking to reporters at this hour. nancy cordes is on capitol hill. >> reporter: what a mess. this maneuver was meant to strengthen boehner's hand in negotiations with the president but it backfired and now debt reduction talks may be falling apart as they have several times before. with no democratic support for his go it alone plan boehner needed almost all republicans to hang together but they didn't. >> don't have the votes. got to have the votes. >> reporter: dejected republicans streamed out of an emergency meeting last night where speaker boehner told them he was canceling the vote on his plan b bill because too many conservatives had vowed to vote no. louisiana's john fleming was one of them. >> i would just say we have different thoughts and ideas and approaches to this problem, and we just couldn't get enough consensus. >> reporter: boehner's strategy to introduce his own bill despite ongoing talks with the president was a risky one from the beginning. the white house press secretary described it as -- >> a m
boehner is speaking to reporters at this hour. nancy cordes is on capitol hill. >> reporter: what a mess. this maneuver was meant to strengthen boehner's hand in negotiations with the president but it backfired and now debt reduction talks may be falling apart as they have several times before. with no democratic support for his go it alone plan boehner needed almost all republicans to hang together but they didn't. >> don't have the votes. got to have the votes. >> reporter:...
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Dec 28, 2012
12/12
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before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a democratic senate plan that extends tax cuts for families making less than $250,000 a year. >> that's the only option that is viable escape route. >> reporter: but republican leaders say it's up to democrats who control the senate and white house to avert the "fiscal cliff." >> republicans aren't about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> reporter: house members will return to capitol hill on sunday and could begin voting that night. they would have about 24 hours to approve a deal. adding to the urgency, treasury secretary timothy g
before flying home from hawaii, the president called congressional leaders nancy pelosi, john boehner, mitch mcconnell and harry reid to reach agreements before tax hikes and spending cuts kick in january 1. >> we have been asking the president and the democrats to work with us on a bipartisan agreement for months. >> i don't know time wise how it can happen now. >> reporter: the senate majority leader wants house republicans to return from their vacations to approve a...
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Dec 18, 2012
12/12
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house speaker john boehner is giving ground in the current negotiations. he is now offering to support tax increases for households making more than $1 million a year. that would be an in exchange for $1 trillion in entitlement cuts. speaker boehner also offered to increase the federal debt ceiling for another year but the white house says that's not going far enough. >> the president has always said that part of this is revenue and part is spending cuts and he is willing to make tough choices. >> a key part of negotiations, striking a deal that will have the support of enough democrats and republicans in congress. >>> it was emotional but it was very heartwarming to just be able to go up there and know he's up there. >> praise for a pair of bay area police officers. how they helped save a life of a newborn. >> we're a team. so if one of us falls, the other has to help us. >> they had to grow up on their own after their mother died. how one sister helped her little sister rise above. ,,,,,,,,,,,,,,,, were honored today for savi newborn's life. the bayview
house speaker john boehner is giving ground in the current negotiations. he is now offering to support tax increases for households making more than $1 million a year. that would be an in exchange for $1 trillion in entitlement cuts. speaker boehner also offered to increase the federal debt ceiling for another year but the white house says that's not going far enough. >> the president has always said that part of this is revenue and part is spending cuts and he is willing to make tough...
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Dec 1, 2012
12/12
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boehner has got a problem with reference to the white house proposal. too many of his people are suddenly finding something attractive about it. >> plus, we are going to track all of the rain, wind and damage from the next big storm thaissments on eyewitness news this morning tomorrow on cbs 5. we will have a lot of crews in the field seeing what's going on and here is a look at the top stories. flood watches continue today around the bay area as another storm moves in. tonight we are expected to be hit hard by heavy rain and winds once again. it's the third and final storm of this series. the storms have been wreaking havoc on the roadways in santa cruz county. in particular several trees and wires were down in mountain towns. officials are keeping a close eye on the rising san lorenso river near bolder creek and the winter storms could be a challenge for businesses that are trying to cash in. walnut creek merchants are worried that rain may keep shoppers away this weekend which they are afraid would hurt their bottom line. economists predict americans
boehner has got a problem with reference to the white house proposal. too many of his people are suddenly finding something attractive about it. >> plus, we are going to track all of the rain, wind and damage from the next big storm thaissments on eyewitness news this morning tomorrow on cbs 5. we will have a lot of crews in the field seeing what's going on and here is a look at the top stories. flood watches continue today around the bay area as another storm moves in. tonight we are...
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Feb 23, 2012
02/12
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the letters were addressed to the lawmakers' district offices including speaker of the house john boehner's. investigators say that the letters contained a powdery substance but it was actually harmless. but one sent to jon stewart and stephen colbert. they say every letter may contain poison to all congressmen. >>> presidential candidates in their final scheduled debate. the foursome gathered in mesa, arizona, yesterday, criticizing each other on various issues. the main target was rick santorum who is leading in the national polls. >> this idea of being fiscally conservative now that we're running for office and we're going to repeal something that we did before... i mean, it lose correct. >> while i was fighting to save the olympics were you fighting to save the bridge to nowhere. >> newt gingrich focused on the president calling the auto industry bailout a violation of bankruptcy law. arizona and michigan primaries are just five days away. >>> the obama administration is calling for stronger privacy protections for consumers now that mobile? >> ga and internet services can easily keep t
the letters were addressed to the lawmakers' district offices including speaker of the house john boehner's. investigators say that the letters contained a powdery substance but it was actually harmless. but one sent to jon stewart and stephen colbert. they say every letter may contain poison to all congressmen. >>> presidential candidates in their final scheduled debate. the foursome gathered in mesa, arizona, yesterday, criticizing each other on various issues. the main target was...
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Dec 14, 2012
12/12
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. >> reporter: house speaker john boehner left the capital thursday evening for a face-to- face "fiscal cliff" talk with the president. earlier in the day president obama told cbs' minneapolis station wcco he is hopeful they will make a deal. >> the big problem right now is that republicans in the house are resistant to the idea of the wealthiest americans paying higher taxes. >> reporter: boehner's second trip to the white house this week follows a lot of discouraging talk about the negotiations. >> here we are, at the 11th hour, and the president still isn't serious about dealing with this issue right here! it's this issue! spending! >> reporter: christmas and beyond could be how long it takes to get a deal. the speaker has told house members to be flexible with all travel plans for the rest of the year. republicans are pressing for specific budget cuts plus the speaker is not willing to speculate what the gop might give up in exchange. >> ifs and ands around buts are like candy and nuts. if that were the case day would be christmas. >> reporter: the president says it's republicans to
. >> reporter: house speaker john boehner left the capital thursday evening for a face-to- face "fiscal cliff" talk with the president. earlier in the day president obama told cbs' minneapolis station wcco he is hopeful they will make a deal. >> the big problem right now is that republicans in the house are resistant to the idea of the wealthiest americans paying higher taxes. >> reporter: boehner's second trip to the white house this week follows a lot of...
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Nov 17, 2012
11/12
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. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as the fiscal cliff. while democrats often balling at day mention of entitlement reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. > reporter: leader pelosi said tere appeared to be interest in a big deal, about four trillion rsllars worth of deficit reductions along the lines of the grand bargain that fell part wean the president and tpeaker boehner last year, rethony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to ?ccomplish in that time? >>
. >> reporter: in the meeting, house speaker john boehner proposed leaders establish a framework in the next six weeks for wide scale reform of the tax code, medicare, and social security in 2013. e e goal would be to set specific targets now for savings from those reforms. msat would negate the need for cutp spending cuts congress called for last year that are set to kick in on january 1, the reme day the bush tax cuts are set to expire. that damaging combo has been wnme to be known as...
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Dec 12, 2012
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boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse boehner's described it as unrealistic and said the tax revenue was "a red herring." the top senate democrat doubted a fiscal cliff deal would be l cli wrapped in time for christmas. >> i think it's going to be extremely difficult to get it done before christmas. >> reporter: speaker boehner is meeting at this hour with house republicans. despite all the gloom the president said he remains confident a fiscal cliff deal will get done. charlie and norah? >> major garrett thank you. nancy pelosi leads the democratseads in the ho
boehner tuesday. before boehner took to the house floor to criticize the president. >> the longer the white house ze slow walks this process the closer our economy gets to the fiscal cliff. >> reporter: mr. obama's new proposal lowered his request for tax revenue from $1.6 trillion in ten years to $1.4 trillion.trillion on tuesday the white house threw corporate tax reform into the mix, adding it to the already agreed upon push next year for reform of individual tax rates.dismisse...
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Dec 21, 2012
12/12
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boehner pulls the plug on his backup plan. what's next in the stalemate. >> and the neighbors have spoken. a 7-eleven shut out of a peninsula city. why some say it should not have been there in the first place. ,,,,,, i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open my nose, like a breath of fresh air. i was breathing and sleeping better. [ female announcer ] exercise your right to breathe right. get two free strips at breatheright.com. hey it's your right to breathe right. morning.. to combat big sev bay area malls this morningo combat big crowds.. it's in response to the releas >>> new this morning, take a look. police are called out to several bay area malls this morning to combat big crowds. this is in response to the release of the air jordan 11 shoe. chopper 5 you can see is over the scene right no
boehner pulls the plug on his backup plan. what's next in the stalemate. >> and the neighbors have spoken. a 7-eleven shut out of a peninsula city. why some say it should not have been there in the first place. ,,,,,, i have what science calls the nightly stuffy nose thing. i can't breathe, so i can't sleep. and the next day i pay for it. i tried decongestants... i tossed and turned... i even vaporized. and then i fought back with drug-free breathe right. these nasal strips instantly open...
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Jan 25, 2012
01/12
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she also made it up to speak -- up to house speaker john boehner who kissed her and bid her a tearful good-bye. >>> two aid workers in somalia are free after an overnight raid by u.s. special forces. they had been held by pirates in as a as a matter of somalia. >> reporter: the same u.s. navy seal team that killed osama bin laden carried out the raid in somalia. they rescued american jessica buchanan and a dane. both were working for a danish aid group. members of seal team 6 parachuted in during the middle of the night surprising the somali pirates. u.s. officials confirmed they killed nine. the hostages were not harmed and there were no casualties among the special forces. president obama congratulated defense secretary leon panetta just before his state of the union address tuesday night. [ applause ] >> good job tonight. >> reporter: but the president hide no mention of the raid in the speech. afterwarder, called buchanan's father to report that his daughter was free. intelligence reports indicated buchanan's health was deteriorating and may have added urgency to the mission. >> w
she also made it up to speak -- up to house speaker john boehner who kissed her and bid her a tearful good-bye. >>> two aid workers in somalia are free after an overnight raid by u.s. special forces. they had been held by pirates in as a as a matter of somalia. >> reporter: the same u.s. navy seal team that killed osama bin laden carried out the raid in somalia. they rescued american jessica buchanan and a dane. both were working for a danish aid group. members of seal team 6...
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Dec 19, 2012
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and although the president and house speaker john boehner have made headway on budget negotiations, boehner says he is going forward with the plan that is separate from the deal he is working on with the president. the white house and democratic lawmakers have already rejected boehner's plan b to stepped low tax rates to all americans except those who make a million dollars or more a year. the house will vote on the alternate plan thursday. >>> swiss bank ubs admits to fraud and agrees to pay more than $1 billion in fines. the settlement comes after an investigation found ubs bankers engaged in rigging the liber rate. >>> instagram backing off its policy to use photos in advertisements after a backlash from users and privacy advocates. despite that, the cofounder says the service was created to eventually make money and it will experiment with various forms of advertising. back to you. >> erica, we wanted to ask you about mark zuckerberg and his fairly substantial opening of his wallet. tell us about that. >> reporter: zuckerberg is donating close to $500 million in stock to charity. the 18
and although the president and house speaker john boehner have made headway on budget negotiations, boehner says he is going forward with the plan that is separate from the deal he is working on with the president. the white house and democratic lawmakers have already rejected boehner's plan b to stepped low tax rates to all americans except those who make a million dollars or more a year. the house will vote on the alternate plan thursday. >>> swiss bank ubs admits to fraud and agrees...
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Dec 5, 2012
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house speaker john boehner offered a republican proposal this week. but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal cliff." 29% would hold the president responsible. >>> shares of pandora media fell nearly 20% in after-hours trading on a disurge asking outlook for their current quarter. the oakland-based internet radio company says it expects to lose between 6 and 9 cents a share in the 4th quarter. they reported 3rd quarter profits tripled to $2 million. that worked out to a penny a share and apparently not enough. >>> "star wars" franchise is officially gone to disneyland. federal regulators have cleared disney's $4 billion purchase. lucasfilm. filmmaker empire behind the "star wars" franchise. sale was a
house speaker john boehner offered a republican proposal this week. but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal...
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Dec 6, 2012
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. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's ri
. >>> president obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax...
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May 23, 2012
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john boehner will be in the silicon valley. tickets began at a thousand dollars apiece for that. >>> mitt romney is on the verge of clinching the delegates needed next week when texas holds its primary. and a new wall street journal shows he tree trails obama 47 to 40%. >>> we have some changes coming act and the winds will be kicking up once again outside. we have mostly sunny skies in the valley. still a couple of the patches of fog out toward the coastline. 50 degrees in the bay area right now. still some '70s in toward san jose. 80 degrees near morgan hill there. about 62 in seven francisco and 66 degrees in sausalito. and we will go back out toward the bay toll bridge. >>> as you can see there are cars now stopped before the pay gates. overall this week we've noticed a lighter traffic pattern is out toward the paid bridge. cruising toward the doubling and interchange, everything is moving ok. not too bad approaching 680 toward the dublin area. the drive time across this direction coming toward belmont's past towards 680 is
john boehner will be in the silicon valley. tickets began at a thousand dollars apiece for that. >>> mitt romney is on the verge of clinching the delegates needed next week when texas holds its primary. and a new wall street journal shows he tree trails obama 47 to 40%. >>> we have some changes coming act and the winds will be kicking up once again outside. we have mostly sunny skies in the valley. still a couple of the patches of fog out toward the coastline. 50 degrees in...
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Dec 30, 2012
12/12
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. >> reporter: house majority leader john boehner and senate minority leader mitch mcconnell were at the capital today hoping to beat the deadline to the looming "fiscal cliff." behind closed doors, senate leaders are cobbling together a pared down agreement that at least protects the middle class from tax increases come january 1. the bill won't address the trillions in deficit reduction, sweeping reforms and federal spending, the u.s. tax code, or stop across-the-board spending cuts. in both parties' weekly addresses, it's clear a big sticking point remains. >> it's a balanced plan one that would protect the middle class, cut spending in a responsible way, and ask the wealthiest americans to pay a little more. >> the president's tax hike would only fund the government for eight days. americans deserve to know what is the president proposing we do for the other 357 days of the year. >> reporter: both the house and the senate will be in session tomorrow. the senate is expected to take the lead and vote on the scaled- back bill then send it to the house. as many americans brace for th
. >> reporter: house majority leader john boehner and senate minority leader mitch mcconnell were at the capital today hoping to beat the deadline to the looming "fiscal cliff." behind closed doors, senate leaders are cobbling together a pared down agreement that at least protects the middle class from tax increases come january 1. the bill won't address the trillions in deficit reduction, sweeping reforms and federal spending, the u.s. tax code, or stop across-the-board...
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Aug 1, 2012
08/12
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hn brepublican speaker of the house john boehner and the democratic leader of the senate harry reid said that congress goverpprove funding to keep the government running for six more months. that means there will be no ernmen of a government shutdown wn election time. you've probably never seen a rebate check from your health rom yance company. surance the first time, many consumers and businesses will be getting checks over the next few tteks. ksere is a little known part wn parthealth care reform law that requires insurance companies to spend 80% of their premiums on health care, or reimburse the customer. eirasked ben tracey to tell us how it works. >> it's confirmation that insurance companies took too much of what i paid. how it >> reporter: earlier this month ramie court got a check from his palth insurance company for more than $4,000. $4,000 means zero. >> you'll never kick a $4,000 check from the insurance industry, you know, out of your bank account. >> reporter: court runs a nonprofit consumer watch dog organization in santa monica, california. he pays nearly $250,000 per year
hn brepublican speaker of the house john boehner and the democratic leader of the senate harry reid said that congress goverpprove funding to keep the government running for six more months. that means there will be no ernmen of a government shutdown wn election time. you've probably never seen a rebate check from your health rom yance company. surance the first time, many consumers and businesses will be getting checks over the next few tteks. ksere is a little known part wn parthealth care...
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Dec 11, 2012
12/12
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house speaker john boehner the president are the only parties negotiating right now and no details have leaked out. today congressional democrats will hold a press conference to urge republicans to preserve medicaid funding in the final deal. republicans say cutting entitlement benefits is necessary to curb the country's deficit. >> social security, medicare and medicaid, it is not even on the table. that is our message. >> whoo! >> in 15 cities across california workers and community leaders have been rallying including here in san francisco. they are urging congress to save social safety net programs and increase taxes on the wealthy. >>> south carolina's governor may have closed the door on comedian steve colbert's senate dreams. colbert has been urging fans to pressure governor nickie hailey into picking him for the senate seat to replace jim demint who is retiring. a poll shows colbert is the favorite in the state but the governor has not committed on his comedic candidacy. specifically. but she did post online saying colbert not knowing the state drink was milk was a big mistake.
house speaker john boehner the president are the only parties negotiating right now and no details have leaked out. today congressional democrats will hold a press conference to urge republicans to preserve medicaid funding in the final deal. republicans say cutting entitlement benefits is necessary to curb the country's deficit. >> social security, medicare and medicaid, it is not even on the table. that is our message. >> whoo! >> in 15 cities across california workers and...
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Dec 3, 2012
12/12
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. >>> in washington, house speaker john boehner says republicans and democrats are at a stalemate again in negotiations to avoid the "fiscal cliff." susan mcginnis reports, key players took to the sunday talk shows to make their stances known. >>> reporter: the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will ring in the new year with $110 billion in spending cuts and a $500 billion tax increase leaving the average household with a nearly $3,500 hangover. treasury secretary timothy geithner was here on capitol hill last week to present the president's plan to congress. >> i was flabbergasted. you can't be serious! >> reporter: president obama wants $1.6 trillion on the rich, $400 billion in cuts to entitlement programs and billions in more spending. >> reporter: mitch mcconnell laughed at geithner during their meeting last week. now geithner says if republicans don't like the plan, it's up to them to present their own ideas. >> what we can't
. >>> in washington, house speaker john boehner says republicans and democrats are at a stalemate again in negotiations to avoid the "fiscal cliff." susan mcginnis reports, key players took to the sunday talk shows to make their stances known. >>> reporter: the white house is already decorated for the holidays but the mood here in washington is anything but festive. >> i think we're going over the cliff. >> reporter: if congress doesn't act, america will...
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Nov 11, 2012
11/12
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speaker boehner, the republican speaker of the house, has already said that's a nonstarter. aren't we right back where we were last year? >> well, i don't think so, bob, for a am could you have reasons. first of all, i think the speaker also said he wasn't going to get into details about what he would or wouldn't accept. he didn't want to foreclose discussions, and that was a positive sign. his rhetoric has been encouraging. and i think we have also had an intervening election, and in fact the position of the president articulated friday was the position that he's articulated throughout the campaign. you look at those exit polls, and a healthy majority of americans agree with him. and that's certainly going to help him form these discussions. >> schieffer: the president won, but this was a very close victory. and it came down to those battleground states. and it was close even there. does the president feel that won a mandate? >> well, bob, on this particular issue, it wasn't close. as i said, if you look at the exit polls-- i think it was somewhere around 60% of the america
speaker boehner, the republican speaker of the house, has already said that's a nonstarter. aren't we right back where we were last year? >> well, i don't think so, bob, for a am could you have reasons. first of all, i think the speaker also said he wasn't going to get into details about what he would or wouldn't accept. he didn't want to foreclose discussions, and that was a positive sign. his rhetoric has been encouraging. and i think we have also had an intervening election, and in...